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Starbucks Corporation annual financial results report for 2020.
Consolidated net revenue increased 8% year over year to $8.7 billion, in line with projections.
Global comparable store sales rose 5%.
Starbucks-related net income increased 4.8% to $855.2 million while EPS increased 7.2% to $0.74 compared to last year. Adjusted EPS rose 4% to $0.75, but fell short of estimates.
The company opened 459 new stores in Q1, ending the period with 36,170 stores worldwide.
The stock fell more than 3% in aftermarket hours on Friday.
Previous performance
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